Imagine if companies really had to compete to offer the best products like capitalist apologists preach?
If your company exceeds >35% market share of an industry, the state should be given an option to take control of that company at a set price.
Submitted 1 day ago by PiraHxCx@lemmy.dbzer0.com to showerthoughts@lemmy.world
Imagine if companies really had to compete to offer the best products like capitalist apologists preach?
If your company exceeds >35% market share of an industry, the state should be given an option to take control of that company at a set price.
Oh god no. This is still monopoly. Every company that reaches significantly lower market rate - say 4% - should be forcibly split or wound down (IIRC correctly at 5% market rate it becomes more profitable to buy the competition out so you don’t have to compete with them).
I think forcing interoperability between similar services would help with this. No more company-specific printer ink. No more “exclusive” chat services.
If a service is bad you can just change it without having to change who still use it/what uses it
Imagine Spez’s reaction if he was forced to federate.
It’d be rad if we could do away with the idea of selling companies to companies. If a corporation is a person, it shouldn’t be legal.
Capitalism excels at breeding innovation. Not in like, useful technology or anything, but in constructing labyrinthine bureaucratic structures to bypass regulations.
Isn’t that the truth?
We could do it the ethical way, but let’s spend twice as much effort trying to cheat.
The works of malicious compliance that came from this would be epic.
You can’t have that percentage be higher than 20%, & have it work right.
50% & you’ve already reduced that market-segment to a 2-horse race or monopoly.
You have to prevent that, XOR you’re creating a national-dependency on “too big to fail” corporation, which is certain, sooner or later, to become a national footgun.
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Once you hit 50% of market share, all owners get a thank you card and pizza party. It’s then nationalized.
forcing them to open source everything would go a long way
Na, they must open source all the platforms they use. Not own, use. Outsourced your hr to Workday? Well now workday have to open source or you need to cancel your contract.
“Here’s an alternative to our product to help you make smart purchasing choices with your money! Now here are all the alternate companies that we own, have a stake in or have a trade agreement with!”
Companies already have to do this when they break the law. They write a stupid hidden page where the text is 3 pixels high. Doesn’t work.
nah, I’m talking about a fixed banner on top 0 on every page taking to a competitors list they do not control :)
Oh okay, that’s a huge W
vk6flab@lemmy.radio 1 day ago
Nice idea, but the monopoly laws already tried to address this phenomenon and companies just restructured to avoid them.
In your scenario, a company just has to split their market in half, rename the product for half their customers, and they’re no longer holding 50% of the market.
wiccan2@lemmy.world 1 day ago
A good example of this is Japanease luxury car brands. They only exist so manufacturers could get around limits imposed by the US on number of imports. Two companies owned by one at the top doubled the amount they could import.
papalonian@lemmy.world 1 day ago
That’s actually super interesting. Any info on US based similarities (ie Ford/ Lincoln)? Are they for similar purposes or just following suit?
ICastFist@programming.dev 18 hours ago
It’s really weird that most laws think that two companies are in a “competing market” despite having the same parent company or controlling group
ShellMonkey@piefed.socdojo.com 1 day ago
So base it on the parent corporation, and added bonus, no linking to your own companies as ‘competitors’.